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Wells Fargo (Wells Fargo) Debt-to-Revenue : 2.68 (As of Dec. 2023)


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What is Wells Fargo Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Wells Fargo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11,883.00 Mil. Wells Fargo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $207,588.00 Mil. Wells Fargo's annualized Revenue for the quarter that ended in Dec. 2023 was $81,912.00 Mil. Wells Fargo's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 2.68.


Wells Fargo Debt-to-Revenue Historical Data

The historical data trend for Wells Fargo's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wells Fargo Debt-to-Revenue Chart

Wells Fargo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 3.04 2.20 2.63 2.66

Wells Fargo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.32 2.28 2.43 2.68 3.56

Competitive Comparison of Wells Fargo's Debt-to-Revenue

For the Banks - Diversified subindustry, Wells Fargo's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wells Fargo's Debt-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Wells Fargo's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Wells Fargo's Debt-to-Revenue falls into.



Wells Fargo Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Wells Fargo's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(11883 + 207588) / 82597
=2.66

Wells Fargo's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(11883 + 207588) / 81912
=2.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Wells Fargo Debt-to-Revenue Related Terms

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Wells Fargo (Wells Fargo) Business Description

Address
420 Montgomery Street, San Francisco, CA, USA, 94104
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.